Japan's steel exports fall by 4.2% y-o-y in 2025
Time:Wed, 04 Feb 2026 08:29:06 +0800
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Japan's steel exports fell for a second consecutive year in 2025, mainly due to fewer exports to China and South Korea. The annual export volume fell by 4.2% y-o-y to 30.39 million tons.
In 2025, Japan's steel export to China dropped by 12.6% to 2.34 million tons, while its steel export to South Korea decreased by 19.7%, reaching 3.84 million tons. However, Japan's steel exports to Thailand increased by 1.4%, reaching 4.35 million tons. Thailand became Japan's largest steel export market in 2025.
According to the forecast released by the Japanese government, the country's first-quarter steel export shall be 6.26 million tons, decreasing by 0.5% y-o-y.